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Title: |
Impact of labour unions on the merger incentive of firms |
| Author: |
Bae, Hyung |
| Author
Affiliation: |
Dongguk University, Korea |
| Source: |
International Economic Journal, March 2005, v. 19, no. 1, pp. 91-94 |
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Publication Date: |
March 2005 |
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Abstract: |
This paper analyses the impact of labour unions on the merger incentives of firms. We find that a horizontal merger takes place if there is some synergy effect. However, a vertical merger takes place only if the synergy effect is bigger than a certain size. |
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